18, PETREL WAY, HAWKINGE, FOLKESTONE, CT18 7GZ - £530,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

18 PETREL WAY is a very large detached house of 170m², built sometime between 2003 and 2006. It was last sold for £530,000 in March 2019, which was around 28% above the average March 2019 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

18 PETREL WAY Sold Prices

Land registry data shows four sales for 18 PETREL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. All of the four 18 PETREL WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 21 MAR	£530,000	£414,697	28% above HPI
2017 9 NOV	£499,995	£396,753	26% above HPI
2013 20 DEC	£390,000	£290,824	34% above HPI
2004 2 APR	£374,000	£243,690	53% above HPI

18 PETREL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Folkestone and Hythe local authority area over time, sourced from the HPI. The four 18 PETREL WAY sales between April 2004 and March 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2017 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2019 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 18 PETREL WAY?

18 PETREL WAY is 170m² according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Hawkinge, based on EPC data. The below chart shows the distribution of detached houses by size in Hawkinge, and where 18 PETREL WAY lies on this distribution: 86% of detached houses are smaller than 18 PETREL WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Hawkinge.

18 PETREL WAY: Plot and Title Map

18 PETREL WAY sits on a plot of roughly 0.168 of an acre, or 678m². The below map shows the location of 18 PETREL WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 18 PETREL WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 18 PETREL WAY?

18 PETREL WAY is located in HAWKINGE, in the CT18 postcode district. The below map shows the position of No. 18 on PETREL WAY.